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28 Dec
15:27

Northwest European plate softens only slightly

Plate prices at northwest European mills have caved in somewhat this month, but should remain relatively stable in January, and possibly receive a boost if additional energy costs are added to the bill. According to a mill source, the market has come under pressure since the beginning of December, due to dwindling prices for slab, and because re-rollers still have capacities left. This, however, in fact mainly concerns re-rollers, and he concedes that integrated m…
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